How does a service company calculate unit cost per service? Why do managers need to know the unit cost per service?
What will be an ideal response
Unit cost per service is calculated by dividing total operating costs by total number of services provided. The unit cost per service helps managers set the price of each service provided.
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The hit ratio is the number of variables found to be significant by the discriminant analysis
Indicate whether the statement is true or false
What are the two major functions of organizational culture imperative to an organization’s survival called?
A. environmental diversification and internal diversification B. internal adaptation and external integration C. macro diversification and micro integration D. external adaptation and internal integration
Which of the following statements concerning manufacturing costs is incorrect?
A. Direct labor costs are recorded initially in an inventory account. B. The cost of direct materials can be readily traced to products. C. All salaries incurred by the sales department are expensed as incurred. D. Depreciation on manufacturing equipment is a period cost.
List three examples of supplementary information